Hatteras Financial (HTS) -2.6% AH after announcing a 15M share stock offering, good for proceeds...

|About: Hatteras Financial Corp. (HTS)|By:, SA News Editor

Hatteras Financial (HTS) -2.6% AH after announcing a 15M share stock offering, good for proceeds of $421M based on today's close. Hatteras intends to use the proceeds to buy mortgage-backed securities. It also plans to "borrow against the agency securities through repurchase agreements and use the proceeds of the borrowings to acquire additional agency securities."